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in 1967, where i met steve schneider who was a student at that time. and, if i could just say a couple words about steve, it's kind of -- it's ironic that i'm getting the steve schneider award because we could not have been more opposite. [laughter] he had the gift of gab, you know, he's so articulate as a student and as a postdoc. so when i -- then i went off to the netherlands where i met my wife, who -- then i came -- who eventually became my wife, but i -- when i came back to the institute for space studies, steve was in a postdoc at the institute. and, as i say, we couldn't have been more opposite. he -- as i was this tactiturn midwest scientist who wanted to do the numbers and do my science and not talk about it, but he would come to my door, he would be in the door of my office and talking to me and, eventually, i would turn around and be working on my desk and he -- somehow, he couldn't take the hint. [laughter] but when anniek who was then my girlfriend, would visit me, then she would see that, well, i really didn't want to talk to steve. so she would talk to him, and that was
, the developments are wii by the hour and our steve centanni is covering all of them. good to see you. >> you, too, jamie. one month until the fiscal cliff and appears to be little movement, but a lot of talk back and forth and the president used a campaign style appearance to appeal directly to the american people and pushed for immediate action to extend bush era tax cuts for everybody except the more wealthy americans. >> right now congress can pass a law that would prevent a tax hike on the first $250,000 of everybody's income, everybody. and that means that 98% of americans and 97% of small businesses wouldn't see their income taxes go up at all. and even the wealthiest americans would get a tax cut on the first $250,000 of their income. >> but republicans led by house speaker john boehner said the president should quit campaigning and take care of business and some suggest that the president is playing a dangerous game of political brinksmanship. >> i think that the democrats and the president view it to their advantage to run the clock out and dangerously close by the end of the year. if th
for republicans. plus, all the political fallout with steve bennan and michael tamaski. and we'll hear from eric cantor next np share your thoughts with us on facebook and on twitter using the hash tag edshow. we're coming right back. >>> welcome back to "the ed show." thanks for joining us tonight. speaker john boehner didn't have the votes for his own plan b this evening. boehner was desperately trying to save face with his caucus after rejecting an offer by president obama he should have taken. here's what eric cantor had to say just moments ago leaving. >> is there going to be a vote tonight? >> no. >> no vote tonight? >> no. >> will there be a vote tomorrow? >> no. >> are you ditching plan b? will there be a vote today? >> no. >> let's bring in congressman elijah cummings of maryland and also congressman john garamendi of california. gentlemen, breaking news tonight. very interesting. congressman cummings, did you think it was going to come to this? did you think john boehner was not going to be able to get the votes and be able to hold the vote in the house tonight? >> i have a feeling he
for republicans. plus, all the political fallout with steve ben nan and michael tamaski. and we'll hear from eric cantor next np share your thoughts with us on facebook and on twitter using the hashtag edshow. we're coming right back. >>> welcome back to "the ed show." thanks for joining us tonight. speaker john boehner didn't have the votes for his own plan b this evening. boehner was desperately trying to save face with his caucus after rejecting an offer by president obama he should have taken. here's what eric cantor had to say just moments ago leaving. >> is there going to be a vote tonight? >> no. >> no vote tonight? >> no. >> will there be a vote tomorrow? >> no. >> are you ditching plan b? will there be a vote today? this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. who helped make slea difference last yearose for thousands of california
tonight's disaster for republicans. plus, all the political fallout with steve ben nan and michael tamaski. and we'll hear from eric cantor next np share your thoughts with us on facebook and on twitter using the hashtag edshow. we're coming right back. i'm b. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together to help improve your lung function all day. advair won't replace fast-acting inhalers for sudden symptoms and should not be used more than twice a day. people with copd taking advair may have a higher chance of pneumonia. advair may increase your risk of osteoporosis and some eye problems. tell your doctor if you have a heart condition or high blood pressure before taking advair. if you're still having difficulty breathing, ask your doctor if including advair could help improve your lung function. get your first full prescription free and save on refills at advaircopd.com. >>> welcome back to "the ed show." thank
time now. george will is off. glad to have cokie roberts here. also dan senor. steve rattner and two congressmen, congressman tom cole of oklahoma, also a member of the republican leadership, and keith ellison, chair of the progressive caucus. cokie, tim geithner said they're making progress. >> congressman cole does, too. >> i want to hear that. >> but it hasn't been a very encouraging week for people who think that the fiscal cliff is not something that we want to go over and i think that the president's proposal that was put on the table was something that republicans were not going to accept, even close to accept, so it had the air of bizarre. you know, bargaining. but put a really high price out there so that when you start the negotiating -- >> when will the real negotiating begin? congressman cole? >> i want to thank the president and secretary geithner for reuniting and re-energizing the republican caucus. because that offer -- they must think that john boehner is santa claus, because it was a christmas wish list, it wasn't a real proposal. at the end of the day, do i think w
former treasury official and "morning joe" economic analyst, steve rattner. >> financier. >> rattner is here. i like -- and we have to go back to that. it's the truth. >> it is! >> money is money. >> in washington, msnbc and "time" senior political analyst, mark halperin. >> we saw him on the streets of d.c. yesterday, and he was very cagey. >> the mean streets of d.c. >> yes. he was so cagey. >> he was. >> yes. yes. >> you can't ever ask those guys what they're doing, wherever they are. where you going? with who? a meeting. >> auditioning for a gang is what i'm doing. >> right. >> yes, exactly. lots of luck with that one. >> should we get to the news? >> fantastic. boy, there's some stories here, unbelievable. >> in the least. >> you talk about libya. i tell you what, you've got assad about to cross that red line. he's going to see russia leaving quick. i think you'll see even troops going in there if he starts using chemical weapons against his own people. about to cross the line. egypt, morsi in trouble. the biggest revolt since mubarak was pushed out of power. "the new york times
? >> one thing that steve schneider always emphasized to students is that if is worth thinking about the matter for which apply to climate change. coral harbour is one which is an urgent one. but certainly apartheid or civil-rights movement were things that are every bit as urgent where the time skills are much longer and the accuracy takes on how you talk to people. >> i think we can learn a lot from the past. look at the issue of slavery. we were the bad guys than also. it was the foundation of the economy. people were making the same argument at them. it was not so bad. it would destroy the economy if we got rid of it. i think people have a lot to learn. there are many examples we can build on from the past year -- in the past. admitting that we have a problem is the first step. >> slavery -- abolishing slavery did not room economy. -- did not ruin the economy. >> right. >> nobody objects to a medical researcher over what we need to do to save lives. that when a clear researcher says what we have to do to save lives, people get upset. >> one of the things that i tried to stress in
're going to hear tomorrow, in the next hour, when steve liesman will join us with results of our fed survey. >>> an oh beck minister, important events. opec ministers are in vienna. >> why vienna, by the way? >> i don't know why they originally set it there, but it seems like as good a place as any. have you been? >> i have not been. >> i don't think i've ever been to vienna. i always wondered about that. >> i mean, it's better than meeting in, i don't know, skokie, right? they're expected to retain its 28 million barrel a day output target. but the real drama is likely to be about leadership, the world's leading oil exporters are expected to argue about who should be opec's next secretary general and we have candidates from iran, iraq and saudi ara a arabia. they're all competing to replace the current leader, as you can see there. abdallah salem el badri, he's 72 years old and he's been there for years. i don't know where i've been for five years, but did you know -- >> i apologize in advance. i didn't. >> you could have said you did and we've been best friends, in fact. >> he's complete
. steve forbes saying fight, fight. pressure the president. then you have democrats, labor unio unions, the aarp saying we don't need to think about raising the retirement age. every time you have a short term play special interest dig in. until they erase the trust deficit, every time they do it incrementally they make it harder to do the big stuff. >> notwithstanding the problems in this conversation and notwithstanding problems from washington, there is some economic renaissance that's brewing under the surface here. we have an energy boom going on, low energy prices. we have manufacturing output increasing in this country. we have the housing boom with low interest rates to stay for a couple of yearses. is there enough that could happen that could offset what's going on in washington? can we grow our way out of this? >> we can't ignore them. if they blow it, there is nothing we can do. the risks are becoming more balanced where things like the housing recovery, consumer debt coming down are starting to offer the possibility where growth might be stronger although it could be lower.
. speaker. >> congressman steve israel reacts to the gop's bizarre behavior. plus, today's big gm news means the death of a righty talking point. >> government motors. >> government motors. >> government motors, david cay johnston on a huge success story for government intervention. and the invisible man sitting next to clint eastwood wins time's person of the year. >> what do you mean shut up? >> tonight presidential historian douglas brinkley on barack obama, abraham lincoln, and spider-man. good to have you with us tonight, folks. thanks for watching. the president gave all americans a lot to work with today and a lot to think about in the coming weeks. president obama recognizes the mood of the country. there is a real sense of urgency to pass common sense safety laws in the wake of the newtown shooting massacre. the president knows this is going to be a heavy lift. >> that's why i've asked the vice president to lead an effort that includes members of my cabinet and outside organizations to come up with a set of concrete proposals no later than january, proposals that i then intend to pu
capital, rick santelli, steve guilfoyle on the floor of the exchange with us as well. let's see. let's start with you, mr. grinch. you sell on any strengths, even now, even if we get a deal? >> well, fundamental analysis is thrown out the window. this obviously is a headline-driven market. any time you're hearing about something that's going to take place, any hint at any type of negotiation, any type of a deal, the markets tend to respond. right now i think the markets are calling their bluff right now. we're not expecting a lot out of what's taking place in washington at this moment. here's a thing, guys. even if there is a deal, it's going to be tough. you'll have a knee jerk reaction. markets should be rallying, might be a great opportunity to sell into strength, because when you look behind the curtain of any deal that's going to happen, it's going to be remarkably bad for the economy. >> austerity on the way. >> absolutely. >> whatever we're looking at. >> talking about spending. the whole conversation has been about tax hikes. i mean, you can't -- you're talking about how many
a deal. steve liesman with results of our cnbc fed survey. what are they saying? >> sue, i'm afraid it's not good news. our survey, they think the probability of recession is going up. most of that is because of fiscal cliff. can you see here the current probability, 28.5% we'll have a recession in the next 12 months. we had a low in march of almost 20%. that compares with a high. remember the debt ceiling debate of 36%. that chance going up. i want to show you in detail what dan greenhouse wrote in with his response in the survey. if the cliff is triggered and the cuts/tax increases remain in place for several weeks or worse, several months, it's hard to construct a scenario where the u.s. economy is not in recession. this is what's interesting here. recovering from that recession is not as simple as fixing the cliff's issues. the u.s. economy is not a light switch. you don't turn it back on. so the question, will we go over the cliff? on the first, looks like no, we won't go over. we'll avoid it. 41% say, yes, we'll go over, 46% say we won't. look at this, 13% don't know. we talk abo
? >> steve, thanks for that. that's interesting stuff there. >> nothing like getting your blood pressure up. liesman testing you live on tv. >> what do you think? wrong, wrong. brought back bad memories, huh, carl? 2013 housing market outlook this morning, according to the report there will be an increase in new residential construction activity, and also recovery in home repair and remodel spending next year. robert, some of the stats are staggering. it's not just an increase in starts, you're looking for 950,000 starts. that would be a 22% increase. what's the primary driver of this? is there really that much demand out there for 950,000 new starts? >> we're looking for three things. tighter inventory levels, stable pricing environment, and low interest rates. so collectively, we think these three factors would definitely drive demand verystantially next year. it's been a terrific year for the home builders. we think we're still in the third inning, not the seventh inning. both for fundamentals and the stocks. >> is there a part of the market we'll see the most building? is it the lower e
-calledtiescal cliff negotiations today, and it took him less than a minute. congressman steve israel joins me next. >> eliot: president obama's new conference on guns today was emotionally powerful and compelling. the passion of supplied night combined with the call of action on an issue everyone has been talking about since the horrific shootings on friday. what was the topic nearly from every question from the press corp, that's right the fiscal cliff. his take on the recent developments in the non-negotiation between the white house and speaker boehner. >> obama: the country deserves folks who are willing to compromise on behalf of the greater good, and not tangle themselves up in a whole bunch of ideological positions that don't make sense. the speaker is now proposing what he called plan-b. he said this would raise taxes only on folks making $1 million or more. let's think about the logic for a second. they're thinking about voting for raising taxes on folks who makeover $1 million, which they say they don't want to do, but they'll reject spending cuts which they say they do want to do. that
to the president, david axelrod joins the conversation. also "morning joe" economic analyst steve rattner. keep it right here on "morning joe." >>> we do not intend to spend -- send members home after this vote. we want to stay here. we want to avoid the fiscal cliff from happening. and again, i think that the decision is for the white house and the senate democrats to come join us so we can avoid the tax hike on american people and avoid the fiscal cliff. >> no vote today? >> nope. >> will there be a vote tomorrow? >> nope. >> are you ditching plan "b"? >> will there be a vote today? >> no. >> what happens next, mr. cantor? >> all right. it's a little bit of a contrast there. a live look at the white house. welcome back to "morning joe." harold ford jr. still with us. and joining the table is former treasury official and "morning joe" economic analyst, steve rattner. also with us from chicago, former senior adviser to president obama, now the director of the institute of politics at the university of chicago, david axelrod. good to have you all at the table this morning. all right. >> david ax
with more is steve ellis, vice president of taxpayers for common sense. appreciate you being with us in new york city tonight. for instance some of the spending in this pork-ladened bill would provide one millio dollars for trees in cemeteries. $4 million for sand dunes at kennedy space center. not beaches up here where they need dunes. $2 million for a new roof at the smithsoni is this bill really a relief bill or pork bill for mem, about of the congress? >> what you find, adam, basically they have caps on overall spending when. they do the emergency supply meant metals all of sudden the caps are irrelevant. all of sudden it is free cash. it is free-for-all for lawmakers trying to get money for the pet projects. you may get the smithsonian roofs may have been damaged by sandy but atime of budget crunch we have to prioritize and only do the most important and critical things. adam: isn't this thing turn voters against members of coress? we have cars for the fbi but office equipment. i don't reca superstorm sandy taking out washington, d.c. or the fbi headquarters? >> they may have had facil
: who is steve rogers who you interview here? >> guest: steve rogers from chicago is a professor at the kellogg school of management at northwestern university. >> host: what was his connection with president obama? >> guest: like many african americans, businessmen and leaders who i interviewed, he was an early backer and supporter of obama. after obama lost a congressional primary to bobby rush in 2000, rush is a former black panther, now a congressman, he was deeply in debt, he went around looking for people to donate money to his cause and steve rogers, very successful businessman at that time before he became a professor gave him $6,000 to pay off some of his personal debts. in return obama promised that he would visit steve rogers and if he won a u.s. senate seat and speak to them so he did win the u.s. senate seat. rogers never heard from him. he called up and asked obama what he come? obama said i am too busy. i am getting phone calls from warren buffett and steve jobs and bill gates and all these important people and rogers said you promised and obama told him you are no
to happen. >> do you remember when steve brought seagate private. it was brimming with cash. raised the dividend next week. why doesn't michael dell pay out a special dividend and everyone is thrilled. >> fundamentals are still what? >> fundamentals are -- i mean, look. fundamentals depend upon a belief that the personal computer is going to be with us for a long time and is not that much in decline. ipad will not crush it. i don't know. >> why not redistrict some of that free cash flow and that cash into an area where you think you can attain real growth. try to recreate the company in some sort of significant way. >> i think that -- >> it's not easy to do that by the way. >> as rivals have discovered. >> maybe you want them to go into the pharmaceutical business. allerg allergen's weight loss business is for sale. not a lot of synergy there. you can't find growth in the personal computer business. it doesn't exist. >> maybe you could figure -- you'll carry it around on your ipad, maybe there's more synergy than you think. >> maybe he should take the cash and buy a lot of apple sto
. steve liesman reports that the white house is now proposing leaving lower tax rates in place for everyone except those earning $400,000 and above. yeah. i read that everywhere. liesman? liesman is agreeing with what is written everywhere? that's excellent, steve. good job. that's up from $250,000 and did you know? no one else cited him. they need to cite him. i don't like it when they don't. >> they should. >> the president has been demanding for months, it's a little above the $250,000. it's still below the $1 million that john boehner wants. we've been saying all along it probably goes up to 500. >> maybe you get up to 650 at this point. >> and then we have to decide, does it go back to 39.6? >> yeah. i had seen yesterday that there was some commentary -- is it 39.6 or 39-7? >> 29en 6 of. >> some commentary that john boehner has said okay on the 39 39.6. >> and the president said for two years. they would like to do it by christmas. i think that would be nice if they did it by christmas. you're watching "it's a wonderful life." and you realize that both sides rose above and
steve forbes talk about it? are they all wrong, john, just because they differ from what you believe? >> you're wrong. >> you're wrong four times plus one to infinity. >> no, no, joe, i'm sorry, joe -- >> your words are more inappropriate than mine. >> no. you're getting more full of it by the second. >> oh, please. >> why don't we do it this wie, john. based on the -- >> look, our spending problems -- hold on a second. hold on a second. >> when geithner said on our air we are fully ready to go, you must not have been listening. >> they are ready to go over the cliff. they're ready to go over the cliff. >> and get 250 above. >> the alternative is a set of policies that were rejected by the american people in the election and aren't consistent with the reality of our governsance. >> to get 50% to raise taxes on 2% so that they can get 2% that they're raising? this is not a definitive -- >> no. come on. >> does john boehner lose his leadership position? does eric cantor have to come in? >> what's that? >> does john boehner lose his leadership position after this? >> i wouldn't bet on t
with former obama economic at visor steve rattner. >> there has to be a compromise, $16 trillion deficit, you're not going to solve all that with tax increases or discretionary cuts. we can talk about how we do it -- >> get specific, steve, because when you start talking about fixing the entitlement program, we're clear, social security is off the table. >> we're not clear. no. >> no. what secretary geithner has said on a separate process. >> eric, we've talked to some degree about the back and forth within the republican party on this deal but haven't spent as much time on what's happening on the left in terms of what the democrats will stomach in terms of entitlement reform if any at all. do you think there is a wing of the party that believes that this process can happen without reform on entitlements? >> no. i don't think anybody who's seriously in the game thinks that. i think the question is, how much do you have to give up, is it reasonable? what are you getting in return as michael said on the other side in terms of tax revenues. so, you know, i think there is a consensus that there h
, come from two billionaire-backed nonprofits. >> jennifer:66%. >> steve schwartzman steve bechtel. these are guys worth billions that don't want to pay a penny more in taxes and they have the money to help retaliate against republicans who break the pledge. historically, they have funded primary challenges, ads to push the republicans to the far right on this issue. >> jennifer: okay so americans for tax reform has a pac and that's what they give to. those two billionaires. >> trade association technically but it operates as a pac because they buy ads and do a lot of the electioneering stuff that a pac would do. >> jennifer: while he's raising money from his allies, from these two donors and others, i'm sure. 66% tells you. he's also essentially lobbying for tax breaks for entities like general electric. >> that's right. you know, everyone talks about the first part of the norquist pledge, not to raise the tax rates but the second half of it is basically a promise not to cut tax credits which as you know, m
similarities to the two. executive charm of breitbart news, mr. steve, and brandon darby was an occupy protest who was in the group and then became an informant for the fbi. >> brandon, you were inside the movement and one of the thing i'm afraid of is you have the extreme left that wants to fundamentally transform and change america in ways that i don't think the average american would really comprehend. you were there. you were inside. how widespread is the thinking on this? >> sean, you have to understand that this video is really a serious of videos. a serious of videos where this same sentiment has been expressed t happened in the 2008 republican national convention. what i learned working undercover with the fbi was that these groups oftentimes are supported by the moderate left of center groups. and they are oftentimes protected by them in the media after they get caught by law enforcement. >> that's a fascinating thing, steve, because remember we had the guy deaf -- deficating on the police car and a rape tent set up for women because of the rapes taking place, and it was a really radi
everything for me as a singer, as an actor, to pull it off. it's the role of a lifetime. >> i'm steve kroft. >> i'm leslie stahl. >> i'm morley safer. >> i'm lara logan. >> i'm byron pitts. >> i'm scott pelley. those stories tonight on "60 minutes." ♪ [ male announcer ] campbell's green bean casserole. it's amazing what soup can do i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. because enbrel, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you h
with word that they are expecting. >> lots to talk about this morning. republican senator ron johnson, steve smith, to talk about that carbon monoxide leak that sent dozens of kids off to the hospital. and pat houston, whitney houston's sister-in-law and manager will join us to talk about a new book tuesday, december 4th. "starting point" begins right now. >>> good morning. welcome, everybody. ron brownstein joins us this morning, cnn senior political analyst. editor for national journal. bob shrum, and will cain. zoraida is sticking around with us as well from "early start." our "starting point" really is about the frustration and more finger pointing now about this fiscal cliff. 28 days remain before drastic tax hikes and spending cuts take effect. republicans are offering a plan that calls for $2.2 trillion in deficit savings over the next decade, including $800 billion in tax reforms, $600 billion from medicare reforms and $6 billion in spending cuts. the white house said no go to this. why so fast? >> reporter: very quickly because they want republicans to capitulate on increasing tax r
representative congressman steve latourette. humans. even when we cross our t's and dot our i's, we still run into problems. namely, other humans. which is why at liberty mutual insurance, auto policies come with new car replacement and accident forgiveness if you qualify. see what else comes standard at libertymutual.com. liberty mutual insurance. responsibility. what's your policy? >>> washington finally seems ready to ring in the new year with a deal that averts the fiscal cliff. it only has taken 517 days to reach this point. what a waste of time. from the cnn money newsroom in new york, i'm ali velshi. this is your money. with only hours to go, president obama says a deal between democrats and republicans is, quote, within reach as america ticks closer to the fiscal cliff at midnight. >> they are close, but they're not there yet. and one thing we can count on with respect to this congress is that if there is even one second left before you have to do what you're supposed to do, they will use that last second. >> duown to the wire. if you thought the fiscal cliff snuck up on congress, the
of weakns in the participation rate and downward provisions to earlier reports. steve liesman joins us next with more on how economists are reacting to those numbers. >>> tomorrow, "squawk box" is kicking off a special day of fiscal cliff coverage. rise above: mission critical. becky quick and jim cramer, live in washington. 33 special guests, grover norquist, congressman jim hencer link, senators from both sides of the aisle, corker, warner, johnson, conrad reaching common ground on the debt deal. to the best vacation spot on earth. (all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've go
department public information officer, steve huffman. mr. huffman, thank you for joining us. one of the churches, trinity episcopal suffered a lot of damage. part of the roof is gone, front part of the parish is gone. and they went through a $1 million renovation. thank goodness it didn't happen when the church was packed. as daylight breaks what is the biggest challenge in terms of cleanup? >> we had public works crews working throughout the night and alabama power crews working to restore power in those affected areas. these guys -- i mean, unfortunately, this was not anything new to us. now, tornadoes are, but we're used to hurricanes, so we deal with power outages and things like that in emergencies such as this. our guys are well trained to respond to the types of incidents? >> how rare is it to have these tornadoes at this time of the year and nobody hurt, so you must have had pretty good warnings out there? >> we have been told a couple of days ahead of time to expect some severe weather to include tornadoes, and i think everybody was prepared for that. of course, we were
are in the capital. tracy: we have the latest from cairo. hey, steve. >> conflict between the president and the courts continues. unusual situation sunday morning when the country's highest court, the supreme constitutional court, the judges afraid to go into work sunday morning, that courtroom was surrounded by a large crowd of pro-morsi protesters chaptering. the exits and entrances were secure for the gums. they felt physically and psychologically intime at a -- intimidated. they scheduled to meet here, peak 250,000 last week, down to a few thousand today, but tomorrow, a major march towards the palace. if that march comes off, there's a likelihood of con infrastructure with pro-morsi supporter, something the government tried to avoid until now. back to you in new york. dennis: thank you, steve. tracy: need a miscall cliff survival kit? well, next guest says with a time to pull back on u.s.the stocks. the trust children -- chairman joining us now. drew, go out of the u.s. and go overseas like europe? >> stay diversified; right? across the port foal low, and we've been long, dividend
. >> congressman steve from new york and chairman of the democratic congressional campaign committee. good afternoon, sir. >> hi, martin. >> congressman, notwithstanding the fact that speaker boehner's office is considered mathematically dyslexic by many economists, has it surprised you some republicans have actually condemned boehner's office and would much prefer to keep taxes as they are and take an axe to social programs, medicare, in order to reduce the deficit? >> what's to surprising about that? for so many republicans, they said in the 1990s they wanted medicare to wither on the vine. you know, they now think they have the opportunity to do it in 2012. speaker boehner's proposal is based on the mathematical equation, two plus two equals whatever you want it to be. that's not how you grow the middle class. you do it in a balanced way. let's reduce the deficit we've already supported, $2 trillion in spending cuts, but let's do it in a way by asking the richest 2% to do their fair and grow the economy by making smart investments and things like job creating infrastructure. that's wha
and sound and that's where steve's ideas lead to, then our superstucktures will have to collapse. >> david, what i'm hearing from you is three words. tax and spend. >> we're going to have to have a rematch here. we're out of time and we don't want to not pay our bills, so i have to take a break. what a great conversation though. thanks for both of you bringing my viewers some really great ideas. i have been warning you about this fiscal cliff for months now. i call it the economic storm of our own making, but some of you think all the talk is overblown. will a failure by washington really mean catastrophe for the economy? i'm going to debate with richard quest, next. [ roasting firewood ] ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. >>> time now for q and a. three weeks left to do a deal and yet, lawmakers in washington -- promising to cut trillions, but republicans insist it could be done without raising taxes on the rich. president obama insists at a nonstarter. what happ
in american history. >> eliot: joining me now is congressman steve israel, chairman of the campaign committee, congressman welcome. >> thanks, governor. >> eliot: is it possible that you see the two sides getting into more rigid positions that each thinks it has given as much as it can without sacrificing it's base? is speaker boehner worried that he can't carry it any more and is the president getting heat for concessions he has made? >> i think the president has gone as far as he can go. he has compromised and compromised again to meet the americans halfway. the problem is instead of the republicans coming towards the president, they move further away. when the president had plan ha, the republicans had plan-b. now it's plan b-minus because they have new gyrations in the rules committee. the bottom line, the president has gone about as far as he can go. maybe further he went from the $250,000 trigger on taxes then $400,000. maybe he could go to $500,000. but fundamentally john boehner has to make a decision, what is more important the survival of the middle class and working families for th
have to wonder, what would the steve feinberg's do would they be happy to collect their blood money if this had happened in some other state? >> well, you look at a lot of people reacting to this, who never had the kind of reaction you and i had, for example to any of these other shootings. so i guess it doesn't shock me so much that a guy who owned this company, suddenly looked up and said oh, my god, i was involved in this. i think people didn't think about it as much as they should. and i also think again, it is a sign that he is sensitive to the way people are responding to this and probably just wants to get his company as far away from any connection to this possible event as he can. >> but this is a new reaction, we have not previously seen the owners of a gun company come out and say, in effect, this is now too horrific of a business for us to continue in. >> if nobody invested in gun companies then we may all be in better shape. but the other thing, you talk about the nra's power. some of it comes from the fact that the senate, for example, is biased toward rural states. de
for the most expensive co-op ever sold in new york. and number four, steve wynn. he bought this luxurious condo. also in new york city. $70 million. the apartment which was once the hotel's ballroom has 14 rooms and over 10,000 square feet of space. whic is massive for new york. number three, we are still in new york were a russian billionaire bought a penthouse on central park west for $89. he reportedly bought it for his college age daughter to use when she's in town. i hope she's countable there. number two, this lavish new york city duplex penthouse with jetliner views of central park. the 11,000 square-foot penthouse was originally listed for $110 million. but the buyer is anonymous. i can tell you it is. the most expensive home by 2012, look at this. it is in montana. the billionaire owner of the st. louis rams bought this range. the final sale price not yet revealed. but if he paid nearly 1.5 million asking price, it would have been by far the biggest residential real estate sale in the u.s. this year. i could use a ranch house. that would be nice. coming up, forget the fiscal cliff. a s
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